Topic: Buying XRP (Read 93 times)
Thank you guys for the answers. I was eyeing Ripple in September and was serious about buying it, but then I facepalmed massively, when I saw it was that high. So I decided to make a small push. It is, what it is, got to find some other altcoin to invest in.
Dont ever calculate your profit gains in USD or other fiat currency,because they dont increase in value the main aim of an investor or a trader is to have much satoshis because BTC is measured in sats,as the BTC grows sats value will grow too not like in fiat.
I think that you are wrong. You must calculate profits in fiat because that is what you invested in the first place and that is what you will take into youre wallet to pay for food. You must have a stable point of compare to see the proffit and thats why the best way to do so is fiat. You cant make a accurate calculation based on btc, another coin with high volatility.
And now about the OP topic. I think it is risky time to buy into XRP because it`s allready pumped hard and i think that there will be a correction soon.
Dont ever calculate your profit gains in USD or other fiat currency,because they dont increase in value the main aim of an investor or a trader is to have much satoshis because BTC is measured in sats,as the BTC grows sats value will grow too not like in fiat.
XRP is XRP, its like having some £ and then worrying about to swap them to euro or dollar, it doesnt matter you have the £.
I posted this in another thread, but I'm going to ask you for your opinion in a new thread.
I bought XRP last night (80 of them, 8 hours ago), paired up XRP/BTC. Do you think, it would be better to switch to XRP/EUR or XRP/USD, or should I stay with this pair?
I bought it for a long-term investment and I'm planning to buy some more. What do you think? Also, I made a transfer from Coinbase to Binance.
Much appreciate all the responses.
I bought XRP last night (80 of them, 8 hours ago), paired up XRP/BTC. Do you think, it would be better to switch to XRP/EUR or XRP/USD, or should I stay with this pair?
I bought it for a long-term investment and I'm planning to buy some more. What do you think? Also, I made a transfer from Coinbase to Binance.
Much appreciate all the responses.
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